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July 1, 2022
Finance Technologies

New York challenger Current lands $131m in Series C funding round

Current, the New York-founded challenger bank “for modern life”, has landed $131 million in a Series C led by new investor Tiger Global Management. Other new investors include Sapphire Ventures and Avenir. Existing backers Foundation Capital, Wellington Management Company and QED Investors also participated in the round. The capital will go towards Current’s product offerings The round bumps up Current’s total capital raised to date to $180 million and pits it at a valuation of $750 million. The fintech last raised money in October 2019, when it said it had passed the half a million customer mark. Now the start-up…
New York challenger Current lands 1m in Series C funding round

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